Diane Alter – AHN News Reporter New York, NY, United States (AHN) – If it sounds like you have heard this before you are right. Mortgage rates have fallen once again to a record low. On Thursday, mortgage giant Freddie Mac reported the average rate on 30-year fixed mortgages fell to 3.89 percent in the [...]
Posts Tagged ‘Mortgage’
New fed rules to aid more underwater homeowners
October 25th, 2011
davidguide Diane Alter – AHN News Reporter Washington, DC, United States (AHN) – Monday morning the Federal Housing Finance Agency announced new rules that will allow many more “underwater” homeowners, those who owe more than their properties are worth, to refinance at current historical low mortgage rates. Up to a million borrowers are expected to take [...]
Stocks on track to make it three up days in a row
October 7th, 2011
davidguide Diane Alter – AHN News Reporter New York, NY, United States (AHN) – Shorty before 2 p.m. Thursday, the Dow Jones Industrial Average was up about 75 points, on track for the market to close up for its third consecutive day. Driving stocks higher was news out of Europe that progress continued to be made [...]
Half of Americans suffering while rich prosper
June 23rd, 2011
davidguide Ayinde O. Chase – AHN News Staff Yonkers, NY, United States (AHN) – The saying “the rich get richer and the poor get poorer,” is seemingly true based on a two-year study of the groups. For American households earning less than $50,000 per year, it has been far more difficult on the economic road to [...]
Finding Bad Credit Loan Help
June 4th, 2011
davidguide Getting a bad credit report happens even to the best of us. As hard as we try to be on time with our payments, sometimes circumstances are beyond our control and we find ourselves in bad credit. However, you may like to remember that one or two late payments are not going to automatically land [...]
Mortgage rates for 30-year loans down to 4.80%
April 25th, 2011
davidguide Mortgage rates for 30-year fixed U.S. home loans fell for the first time in five weeks, decreasing borrowing costs as all-cash buyers make up a growing share of the housing market. View full post on All Stories
Buy-to-let bounces back
April 23rd, 2011
davidguide With rents on the rise mortgage lenders see landlords as a better bet than first-time buyers. Patrick Collinson asks if a worrying bubble is being created in a resurgent market Britain’s lenders are turning their backs on first-time buyers and other traditional borrowers, and granting mortgages to landlords instead amid signs of a new buy-to-let [...]
Mortgage borrowing ‘up slightly’
February 11th, 2011
davidguide Mortgage lending to house buyers rose slightly in 2010, according to the Council of Mortgage Lenders. View full post on All Stories
Rates for 30-year mortgages are on the rise
January 22nd, 2011
davidguide Mortgage rates for 30-year U.S. loans rose for the first time in three weeks, increasing borrowing costs for homebuyers as the housing market shows signs of recovering. The average rate rose to 4.74 percent this week from 4.71 percent last week, Freddie Mac said Thursday. View full post on All Stories
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